Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products... see more

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TSXV:EVE.H - Post Discussion

Eve & Co Inc > Nov to prove itself

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Post by Greensavage on Oct 30, 2020 2:47pm

Nov to prove itself

from november to end of year will be great for this company. With all of it contracts, wine, oils, pre rolled, and dried flower. Plus shipping to eu on top of everything else. Finally 2020 has good news.

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Comment by reallyBobbyZ on Oct 30, 2020 5:08pm

WOW!....what crystal ball are you gazing into?...sounds delightful! EVE is quite likely in big trouble on a cash basis....EVE was burning $830,000/month cash in Q2 and its reserves couldn't handle another 3 months [Q3] of that burn. Wouldn't be surprised if RBC had to help out with loan increase. EVE hasn't given any news in months...that's probably BAD TIDINGS.

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Comment by Rpizzle on Oct 30, 2020 9:24pm

Bobbyz. If Eve needed help with money by means of a loan increase from RBC that would be material news and we would've known about it.

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Comment by reallyBobbyZ on Oct 30, 2020 11:27pm

Normally that is what I would expect too...an annoucement if a publically traded company's bank line was increased...but this is EVE, and I'm guessing what EVE finds as "material" may not be the same as what you or I might think. EVE didn't "announce" its deal with RBC that allowed it to go "offside" in its loan provisions until early next year when it ...more

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Eve & Co Inc